NCR Teams with PayPal for Dining Related Mobile Payment Solutions

NCR Corporation and PayPal are cooking up something for avid restaurant goers.

On Tuesday, the freshly-fashioned mobile partners announced an agreement to integrate NCR’s mobile solutions for hospitality and retail with PayPal’s leading digital payment technology.

The combination provides restaurants and retailers an easy, powerful way to offer consumers a rich mobile and digital payment experience when buying the goods and services they want.

John Bruno, CTO and EVP at NCR, sees the partnership as a slam-dunk.

“Combining NCR’s broad hospitality and retail footprint with PayPal’s global customer base enables restaurants and retailers to redesign the consumer experience with mobile-enhanced shopping and payments while materially improving business processes and creating seamless consumer experiences across touch points, locations, and channels,” Bruno says.

The statistics show that consumers definitely want more mobile tech in their dining experiences.

According to the National Restaurant Association’s 2013 Restaurant Industry Forecast, restaurant guests are seeking more and better tableside technology. 44 percent of consumers surveyed say they would use a tableside ordering system, nearly one-third would use mobile payment options and 50 percent would use smartphone apps for viewing menu, ordering or making reservations.

Fortunately for PayPal and NCR, less than 10 percent of table service restaurants currently offer these options. That’s precisely where PayPal and NCR can clean up nicely.